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Carbon Emitters Face Up To $7.3 Billion Bill. (Read 2985 times)
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Re: Carbon Emitters Face Up To $7.3 Billion Bill.
Reply #30 - Feb 29th, 2012 at 3:00pm
 
Yes, the money will go into consolidated revenue. But there'll be an offsetting reduced intake due to lower tax rates plus increased outgoings due to pension increases. The remainder (which is still a sizeable chunk of money) goes into a fund for R&D into renewables. So there is an R&D component in this scheme.

Countries around the world are doing these things. China and India among them. Do you really want to be in a position down the track where we have to import energy technology from India?

If you have a better scheme then let's hear it. Never know, I may agree with you.
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